TUCOWS INC. TUCOWS, INC. QUARTERLY KPI SUMMARY
Operating Statistics
(Amounts in thousands)
QUARTERLY
YTD | ANNUAL |
TING
Internet Subscribers under management3
Internet Subscribers under management - Net additions Owned Infrastructure Serviceable Addresses1,3,5
Owned Infrastructure Serviceable Addresses - Net additions1,3,5 Partner Infrastructure Serviceable Addresses1,5
Partner Infrastructure Serviceable Addresses - Net additions1,5 Fiber Capital Expenditures - Consumption2
TUCOWS DOMAINS Domains under management
Total new, renewed and transferred-in domain name registrations provisioned4
Q3/23
41.1
2.6
114.5
5.2
25.4
4.3 $17,250
24,543
5,391
Q2/23
38.6
1.9
109.3
8.1
21.1
1.7 $21,800
24,429
5,424
Q1/23
36.7
2.2
101.2
5.4
19.4
0.3 $23,200
24,483
5,963
Q4/22
34.5
2.0
95.8
6.0
19.1
0.4 $23,600
24,390
5,157
Q3/22
32.6
2.3
89.8
4.3
18.7
0.5 $23,700
24,504
5,234
Q2/22
30.3
2.5
85.5
4.4
18.2
1.2 $24,900
24,844
5,432
Q1/22
27.8
2.3
81.1
5.2
17.0
1.8 $14,050
25,020
5,951
2023 | 2022 | 2021 |
41.1 | 34.5 | 25.5 |
6.7 | 9.0 | |
10.1 | ||
114.5 | 95.8 | 75.9 |
18.7 | 19.9 | 26.6 |
25.4 | 19.1 | 15.2 |
6.3 | 3.9 | |
4.9 | ||
$62,250 | $86,250 | $56,200 |
24,543 | 24,390 | 25,163 |
16,778 | 21,774 | 22,530 |
1 Defined as premises to which Ting Owned Infrastructure or Ting Partner Infrastructure has the capability to provide a customer connection in a service area.
2 This includes all capital expenditures used to build and expand the Ting footprint, including construction and activation of the network and customers, capitalized labor, materials and acquisitions. The Company's life-to-date Fiber capex investment since February 2015 is $329.1 million, including the Blue Ridge Websoft, Cedar Holdings, and Simply Bits acquisitions, net of capex write-offs.
3 Internet Subscribers and Serviceable Addresses from Simply Bits are not included in Ting metrics.
4 Includes all transactions processed under our accreditations for our resellers and our retail brands, as well as transactions processed on behalf of other registrars using our platform.
5 Serviceable addresses were revised for Q1 2023 and Q4 2022 based on new address recognition methodology, resulting in a reduction of 419 Owned Infrastructure Serviceable Addresses and 420 Partner Infrastructure Serviceable Addresses.
TUCOWS, INC. QUARTERLY KPI SUMMARY
Summary of Historical Financial Results
(In thousands of US dollars)
QUARTERLY
YTD
ANNUAL
Q3/23 | Q2/23 | Q1/23 | Q4/22 | Q3/22 | Q2/22 | Q1/22 | 2023 | 2022 | 2021 |
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) |
REVENUE | ||
Ting | $12,855 | |
Wavelo | 11,074 | |
Tucows Domains | 61,088 | |
Tucows Corporate1 | 1,954 | |
TOTAL REVENUE | 86,971 | |
GROSS MARGIN | ||
Ting | 7,986 | |
Wavelo | 10,504 | |
Tucows Domains | 18,375 | |
Tucows Corporate1 | (611) | |
Network Expenses | (19,501) | |
TOTAL GROSS MARGIN | 16,753 | |
ADJUSTED EBITDA2 | ||
Ting | (12,176) | |
Wavelo | 4,207 | |
Tucows Domains | 10,913 | |
Tucows Corporate | 1,528 | |
TOTAL ADJUSTED EBITDA2 | $4,472 |
$12,408 10,751 59,956 1,863
84,978
7,051
10,052
17,929
(797)
(16,203)
18,032
(10,336)
3,427
10,578
1,726
$5,395
$11,853 | $11,470 | $10,946 | $10,221 | $9,788 | $37,116 |
7,300 | 4,479 | 4,048 | 8,970 | ||
6,847 | 29,125 | ||||
59,242 | 60,268 | 60,281 | 61,063 | 61,546 | 180,286 |
2,035 | 2,692 | 2,775 | 2,830 | 2,918 | 5,852 |
80,430 | 78,909 | 78,050 | 83,084 | 81,099 | 252,379 |
7,868 | 7,211 | 6,656 | 5,804 | 5,750 | 22,905 |
6,274 | 3,807 | 3,813 | 7,912 | 5,886 | 26,830 |
17,521 | 18,402 | 18,170 | 19,963 | 19,734 | 53,825 |
(523) | 244 | 1,109 | 105 | 308 | (1,931) |
(17,079) | (12,654) | (11,761) | (11,731) | (10,480) | (52,783) |
14,061 | 17,010 | 17,987 | 22,053 | 21,198 | 48,846 |
(9,273) | (6,011) | (5,040) | (6,185) | (4,321) | (31,785) |
335 | (1,142) | (902) | 3,872 | 2,047 | 7,969 |
10,338 | 10,568 | 10,385 | 12,107 | 11,774 | 31,829 |
1,630 | 3,285 | 3,436 | 1,906 | 1,811 | 4,884 |
$3,030 | $6,700 | $7,879 | $11,700 | $11,311 | $12,897 |
$42,425 $25,327
24,344 16,781
243,158 245,576
11,215 16,653
321,142 304,337
25,421 13,292
21,418 15,473
76,269 78,088
1,766 4,445
(46,626) (33,005)
78,248 78,293
(21,557) (18,778)
3,875 7,334
44,834 47,765
10,438 12,500
$37,590 $48,821
1 Tucows Corporate Revenue and Gross Margin includes revenue from retail mobile services and transition services provided to DISH.
2 Our adjusted EBITDA definition excludes depreciation, amortization of intangible assets, income tax provision, interest expense (net), accretion of contingent consideration, stock-based compensation, asset impairment, loss on debt extinguish- ment, gains and losses from unrealized foreign currency transactions and costs that are one-time in nature and not indicative of on-going performance (profitability), including acquisition and transition costs. Gains and losses from unrealized foreign currency transactions removes the unrealized effect of the change in the mark-to-market values on outstanding foreign currency contracts not designated in accounting hedges, as well as the unrealized effect from the translation of monetary accounts denominated in non-U.S. dollars to U.S. dollars.
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Tucows Inc. published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 21:39:21 UTC.
